GM and Vacuumschmelze (VAC) to build a new magnet factory in US to support EV growth

Green Car Congress
By mmillikinDec 10, 2021, 5:16 am463 ptsHot
GM and Vacuumschmelze (VAC) of Germany announced plans for VAC to build a plant in the US that will manufacture permanent magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado EV and more than a dozen other models using GM’s Ultium Platform. The new plant would plan to…

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